Stocks To Buy Today | HDFC Bank Share Price
The HDFC Bank Limited (HDFCBANK) company’s core business segment is into Private Banking and is been selected for investing medium to long term horizon over an year and above based on the technical analysis indicators; Simple Moving Average (SMA) 200 & SMA 300 crossovers while the Relative Strength Index (RSI) is showing strong momentum at 66.
The market capitalization as on publishing day stands at Rs. 7.76 Lakh Crore placing it at third position in large cap group stocks listed on NSE India by market capitalization.
HDFC Bank Share Price
The HDFC Bank Share Price is currently trading at Rs. 1406.15 per stock &
HDFC Bank Technical Chart
indicates the performance of the stock over 3 years of time frame which is considered to be a good to start looking for an opportunities to invest.
Similarly; HDFCBank 52 week high price at Rs. 1725.00/- & 52 week low price at Rs. 1271.60/-
Why one should consider HDFC Bank Share Price
Following are the fundamentals of HDFC Bank Share Price will definitely make to think in one of the large cap companies of India for decent profits in a medium to long term invest horizon.
Fundamental Analysis of HDFC Bank
| Market Capitalization | Rs. 776027 Crore | Return On Equity (ROE) | 16.65% |
| P/E Ratio (TTM) | 20.46 | EPS (TTM) | 68.30 |
| P/B Ratio | 3.13 | Dividend Yield | 1.11% |
| Industry P/E Ratio | 9.86 | Book Value | 445.99 |
| Debt to Equity | 0.92 | Face Value | 1 |
Share Holding Pattern of HDFC Bank
| Promoters | 25.78% |
| Retail Investors | 21.70% |
| Foreign Investors | 35.61% |
| Mutual Funds | 16.28% |
| Other Domestic Institutions | 0.63% |
HDFC Bank Limited
HDFC Bank Limited (HDFCBANK) is a leading largest private banking company incorporated in 1994 under RBI guidelines. Its business segments are deep dive into Whole sale banking, Treasury banking & Retail banking. The company also got listed in US stock exchange.
Whole sale banking segment focuses mainly the Large corporate, Govt bodies, Emerging, SME banking and Infrastructure customers with capital facilities, lending, project finance, credit, forex & deposits.
Treasury segment covers cross border finance solutions such as Forex & Derivatives, Bullion, Equities and Securities, Hedging solutions & Asset liability management etc.,
Every financial needs of Individuals, Salaried, SME, NRI & Groups are captured under Retail banking by offering loans, cards, financing, deposits, insurance, mortagaging etc., Read more about HDFC Bank Limited company here from its official website.
How to invest in Stock Market with the Best Trading App in India?
Here is the list of top stock brokers in India who made the trading in stock market made hassle free and best user experience with very attractive competitive brokerage charges.
- Zerodha
- Groww
- 5paisa
What makes the best: Zerodha Account Opening
Breaking the barriers of brokerage charges among other competitors by the time company incorporated in 2010; evolve, rise & conquer the market with flat Rs.20/- concept, now Zerodha is on Indias no.1 position.
Zerodha Kite
Why don't to utilize the Stock SIP investing option to invest in HDFCBANK on regular basis on convenient day of every month on Zerodha product Kite. Now Zerodha Account Opening is very easy and Zerodha Demat Account for starting stock SIP investing right now.
Do you know the stock broker turned-up unicorn: Groww App
The tough competitor now to Zerodha is Groww who turned-up unicorn startup of India facilitating not only the stocks investing but also mutual funds unlike Zerodha only provides stock trading. Groww recently introduced US stocks trading into its new product offering. Why waiting for something else and start investing right now in HDFCBANK with Groww App.
Groww App
Excited; how to open demat account with Groww App; Here we share a link for opening the Demat account with Groww App.
Never forget the senior broker: 5paisa
Senior most broker among the above; 5paisa (a.k.a. IIFL Securities) using different accounts over a period of time; found 5paisa is now in line to the charges and best user experience with the app to consider. Click here to open Demat account with 5paisa.
References and Links:
- HDFCBANK stock chart: https://chartink.com/stocks/hdfcbank.html
- About HDFCBANK company profile: https://www.hdfcbank.com/personal/about-us
- Zerodha Account Open: https://zerodha.com/open-account?c=XT4406
- Groww Account Open: https://app.groww.in/v3cO/ytmyw8ym
- 5paisa Account Open: https://cutt.ly/qLf9zZW
Happy investing for prosperity.
It take 30 long years to turn Rs. 1/- worth Rs. 1000/-, so start now.
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